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State Street® SPDR® S&P® Bank ETF

SPDR · US78464A7972

State Street® SPDR® S&P® Bank ETF is an exchange-traded fund (ETF) from SPDR, traded under the ticker KBE (ISIN US78464A7972). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. At its core it is a focused, thematic fund: it concentrates on the financials part of the market, so…

· Tracks the S&P Banks Select Industry Index index ?
Equity ?Unknown Physical ?United States ?
Mid-range feeOwns the shares directlyOtherBroadly spread
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SPDR fundsDomiciled in United StatesUnknownPhysically replicatedOther stocksYearly fee under 0.5%

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Fund size (AUM) ?
€1.3B
1-year return ?
+15.4%
Price Return · to 2026-10-22
Yearly fee (TER) ?
0.35%
All-in cost ≈ 0.00%

About this fund

What you own

The S&P Banks Select Industry Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 109 companies across Other in a single purchase.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.35%Yearly fee (TER)
0.00%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

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For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
S&P Banks Select Industry Index
Replication ?
Physical
Full — buys every share
Launched
Nov 2005
21-year track record

Performance

98.5101103106108202620262026

Growth of $100 invested — both lines start at $100.

State Street® SPDR® S&P® Bank ETF Average S&P Banks Select Industry Index ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD+8.5%
1 year+15.4%
3 years+23.7%
5 years+2.9%

Return, year by year

-17.2
+1.9
+20.5
+9.4
'22'23'24'25
3 of 4 up yearsBest: 2024 +20.5%Worst: 2022 -17.2%Calendar-year total returns, in USD

How bumpy has it been?

19.3%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-26.9%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
0.96
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

+27.0%
Since inception
Total growth since launch — about +4.6% a year.
+65.6%
Best 12 months
The strongest one-year stretch on record.
-36.0%
Worst 12 months
The weakest one-year stretch on record.
-47.2%
Worst fall on record ?
It clawed back in about 18 months.

What's inside

By sector ?

Financials87.3%
Cash/Other11.7%
Corporate0.9%

The 10 biggest holdings make up 10.0% of the fund — the rest is spread across roughly 99 more companies.

Top 10 holdings

#CompanyWeight
1EQUITABLE HOLDINGS INC1.0%
2COREBRIDGE FINANCIAL INC1.0%
3CENTRAL BANCOMPANY1.0%
4EAST WEST BANCORP INC1.0%
5UNITED COMMUNITY BANKS/GA1.0%
6CVB FINANCIAL CORP1.0%
7FIRST CITIZENS BCSHS CL A1.0%
8UNITED BANKSHARES INC1.0%
9N B T BANCORP INC1.0%
10SIMMONS FIRST NATL CORP CL A1.0%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
NYSEKBEUSD★ Primary
USD listings
B2KBEUSDUSD
B4KBE1USD
E1KBE1USD
E1KBEGBXUSD
E1KBERUBUSD
EPKBE1USD
ERKBEUSD
ERKBEEURUSD
EUKBERUBUSD
EUKBEGBXUSD
EUKBE1EURUSD
EUKBE1USD
EZKBE1USD
LSE0L17USD
MFKBE*USD
MMKBE*USD
MUKBE*USD
NYSE ArcaKBEUSD
OCKBEUSD
ODKBEUSD
TH4JZ2USD
UAKBEUSD
UBKBEUSD
UCKBEUSD
UDKBEUSD
UFKBEUSD
UMKBEUSD
USKBEUSD
UTKBEUSD
UXKBEUSD
VFKBEUSD
VGKBEUSD
VJKBEUSD
VKKBEUSD
VTKBEUSD
VYKBEUSD
X1KBERUBUSD
X1KBEGBXUSD
X1KBE1USD
X2KBE1USD
X2KBERUBUSD
X9KBE1USD
XAKBERUBUSD
XAKBEGBXUSD
XAKBE1USD
XBKBE1USD
XEKBE1USD
XEKBEGBXUSD
XEKBERUBUSD
XFKBERUBUSD
XFKBEGBXUSD
XFKBE1USD
XGKBE1USD
XGKBEGBXUSD
XGKBERUBUSD
XHKBERUBUSD
XHKBEGBXUSD
XHKBE1USD
XJKBE1USD
XJKBEGBXUSD
XJKBERUBUSD
XLKBERUBUSD
XLKBEGBXUSD
XLKBE1USD
XOKBE1USD
XOKBEGBXUSD
XOKBERUBUSD
XQKBERUBUSD
XQKBEGBXUSD
XQKBE1USD
XSKBE1USD
XSKBEGBXUSD
XSKBERUBUSD
XTKBEGBXUSD
XTKBE1USD
XUKBE1USD
XUKBEGBXUSD
XUKBERUBUSD
XVKBERUBUSD
XVKBEGBXUSD
XVKBE1USD
XWKBE1USD
XWKBEGBXUSD
XWKBERUBUSD
XXKBERUBUSD
XXKBEGBXUSD
XXKBE1USD
XZKBE1USD
XZKBEGBXUSD
XZKBERUBUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-10-22 · the fund's own published holdings.

#CompanyWeight
1EQUITABLE HOLDINGS INC1.0%
2COREBRIDGE FINANCIAL INC1.0%
3CENTRAL BANCOMPANY1.0%
4EAST WEST BANCORP INC1.0%
5UNITED COMMUNITY BANKS/GA1.0%
6CVB FINANCIAL CORP1.0%
7FIRST CITIZENS BCSHS CL A1.0%
8UNITED BANKSHARES INC1.0%
9N B T BANCORP INC1.0%
10SIMMONS FIRST NATL CORP CL A1.0%
11BANCORP INC/THE1.0%
12TRUSTMARK CORP1.0%
13RENASANT CORP1.0%
14EASTERN BANKSHARES INC1.0%
15PINNACLE FINANCIAL PARTNERS1.0%
16BANCFIRST CORP1.0%
17STOCK YARDS BANCORP INC1.0%
18FIRST HAWAIIAN INC1.0%
19HOME BANCSHARES INC1.0%
20CATHAY GENERAL BANCORP1.0%
21INDEPENDENT BANK CORP/MA1.0%
22BANK OZK1.0%
23FIRST BUSEY CORP1.0%
24POPULAR INC1.0%
25FIRST BANCORP PUERTO RICO1.0%
26FIRST FINANCIAL BANCORP1.0%
27FIRST MERCHANTS CORP1.0%
28NORTHWEST BANCSHARES INC1.0%
29WINTRUST FINANCIAL CORP1.0%
30FNB CORP1.0%
31COLUMBIA BANKING SYSTEM INC1.0%
32CITY HOLDING CO1.0%
33ATLANTIC UNION BANKSHARES CO1.0%
34GLACIER BANCORP INC1.0%
35CUSTOMERS BANCORP INC1.0%
36FIRST COMMONWEALTH FINL CORP1.0%
37SOUTHSTATE BANK CORP1.0%
38PROVIDENT FINANCIAL SERVICES1.0%
39FIFTH THIRD BANCORP1.0%
40COMMUNITY FINANCIAL SYSTEM I1.0%
41TOWNE BANK1.0%
42HANCOCK WHITNEY CORP1.0%
43NICOLET BANKSHARES INC1.0%
44WSFS FINANCIAL CORP1.0%
45FIRST INTERSTATE BANCSYS A0.9%
46OFG BANCORP0.9%
47KEYCORP0.9%
48AXOS FINANCIAL INC0.9%
49OLD NATIONAL BANCORP0.9%
50SEACOAST BANKING CORP/FL0.9%
51BANNER CORPORATION0.9%
52ASSOCIATED BANC CORP0.9%
53ZIONS BANCORP NA0.9%
54LAKELAND FINANCIAL CORP0.9%
55FULTON FINANCIAL CORP0.9%
56CULLEN/FROST BANKERS INC0.9%
57AMERIS BANCORP0.9%
58TEXAS CAPITAL BANCSHARES INC0.9%
59PARK NATIONAL CORP0.9%
60PROSPERITY BANCSHARES INC0.9%
61FB FINANCIAL CORP0.9%
62FIRST BANCORP/NC0.9%
63TRUIST FINANCIAL CORP0.9%
64US BANCORP0.9%
65ENTERPRISE FINANCIAL SERVICE0.9%
66COMMERCE BANCSHARES INC0.9%
67WESTERN ALLIANCE BANCORP0.9%
68SERVISFIRST BANCSHARES INC0.9%
69VALLEY NATIONAL BANCORP0.9%
70HUNTINGTON BANCSHARES INC0.9%
71JPMORGAN CHASE + CO0.9%
72BANC OF CALIFORNIA INC0.9%
73FIRST HORIZON CORP0.9%
74VOYA FINANCIAL INC0.9%
75JACKSON FINANCIAL INC A0.9%
76UMB FINANCIAL CORP0.9%
77BOK FINANCIAL CORPORATION0.9%
78WESBANCO INC0.9%
79REGIONS FINANCIAL CORP0.9%
80PATHWARD FINANCIAL INC0.9%
81TRIUMPH FINANCIAL INC0.9%
82INTERNATIONAL BANCSHARES CRP0.9%
83CITIZENS FINANCIAL GROUP0.9%
84RADIAN GROUP INC0.9%
85ESSENT GROUP LTD0.9%
86BANKUNITED INC0.9%
87PNC FINANCIAL SERVICES GROUP0.9%
88COLUMBIA FINANCIAL INC0.9%
89M + T BANK CORP0.9%
90WELLS FARGO + CO0.9%
91NMI HOLDINGS INC0.9%
92HILLTOP HOLDINGS INC0.9%
93BANK OF HAWAII CORP0.9%
94FIRST FINL BANKSHARES INC0.9%
95NORTHERN TRUST CORP0.9%
96BEACON FINANCIAL CORP0.9%
97CITIGROUP INC0.9%
98BANK OF NEW YORK MELLON CORP0.9%
99FEDERAL AGRIC MTG CORP CL C0.9%
100MGIC INVESTMENT CORP0.9%
101APOLLO GLOBAL MANAGEMENT INC0.8%
102PENNYMAC FINANCIAL SERVICES0.8%
103WAFD INC0.8%
104FLAGSTAR BANK NA0.8%
105ROCKET COS INC CLASS A0.8%
106BANK OF AMERICA CORP0.8%
107WALKER + DUNLOP INC0.8%
108SSI US GOV MONEY MARKET CLASS0.1%
109US DOLLAR0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 25% of similar ETFs📈 Higher 1-yr return than 75%📈 Higher 3-yr return than 100%📈 Higher 5-yr return than 50%📊 Beat its category by 10.9% (1-yr) (category average +4.5%)📊 Beat its category by 9.3% (3-yr) (category average +14.5%)📊 Beat its category by 0.6% (5-yr) (category average +2.3%)

Versus the Equity (stocks) · Other · Financials · USD ETFs we track.

Advanced risk

1.46
Sortino (3y) ?
0.88
Calmar (3y) ?
13.2%
Downside deviation ?
58%
Up months (hit rate) ?
$71.67
52-week high ?
$55.19
52-week low ?

Concentration depth

~107 ?
Effective number of holdings

Roughly 109 companies are held, but the largest names carry most of the weight — so it behaves like ~107 equal-sized positions.

Tilt vs a world tracker

Financials+69.2
Technology-30.6
Cash/Other+11.7
Industrials-10.8
Consumer Discretionary-8.5
Health Care-8.3

Percentage points over / under a broad world-equity tracker (not a licensed benchmark).

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Other stocks
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Why it's similarThis is the fund on this page.
StocksUnknownPhysicalCheaper fee
Tracks a different index in the same category.
StocksUnknownPhysicalCheaper fee
Tracks a different index in the same category.
StocksUnknownPhysicalCheaper fee
Tracks a different index in the same category.
StocksUnknownPhysicalCheaper fee
Tracks a different index in the same category.
StocksUnknownPhysicalCheaper fee
Tracks a different index in the same category.
StocksUnknownPhysicalCheaper fee
Tracks a different index in the same category.
Index trackedS&P Banks Select Industry IndexTechnology Select Sector IndexFinancial Select Sector IndexHealth Care Select Sector IndexEnergy Select Sector IndexIndustrial Select Sector IndexS&P MidCap 400 Index
Yearly fee (TER)0.35%0.08%0.08%0.08%0.08%0.08%0.23%
All-in cost0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Fund size€1.3B€107.4B€46.7B€41.2B€40.1B€27.1B€23B
DomicileUnited StatesUnited StatesUnited StatesUnited StatesUnited StatesUnited StatesUnited States
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+23.7%+30.4%+20.1%+12.0%+14.7%+19.5%+14.9%
5-yr return p.a.+2.9%+18.3%+6.8%+6.5%+18.7%+9.9%+5.3%
# holdings1097780642486401

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Data as of 2026-10-22 · Source: issuer data, compiled by Finance Hamster

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